Sila Realty Trust, Inc. (NYSE:SILA) Shares Sold by Diameter Capital Partners LP

Diameter Capital Partners LP lowered its position in shares of Sila Realty Trust, Inc. (NYSE:SILA - Free Report) by 23.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,449,208 shares of the company's stock after selling 449,922 shares during the quarter. Sila Realty Trust comprises 5.3% of Diameter Capital Partners LP's portfolio, making the stock its 6th largest position. Diameter Capital Partners LP owned approximately 2.63% of Sila Realty Trust worth $35,245,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Blue Trust Inc. grew its position in shares of Sila Realty Trust by 5.6% in the fourth quarter. Blue Trust Inc. now owns 9,138 shares of the company's stock valued at $231,000 after purchasing an additional 481 shares during the last quarter. Foundations Investment Advisors LLC boosted its position in shares of Sila Realty Trust by 8.2% during the fourth quarter. Foundations Investment Advisors LLC now owns 9,859 shares of the company's stock worth $240,000 after buying an additional 750 shares during the period. Sound Income Strategies LLC boosted its holdings in shares of Sila Realty Trust by 16.8% in the 4th quarter. Sound Income Strategies LLC now owns 5,690 shares of the company's stock valued at $138,000 after buying an additional 817 shares during the last quarter. CreativeOne Wealth LLC boosted its holdings in shares of Sila Realty Trust by 5.4% during the fourth quarter. CreativeOne Wealth LLC now owns 17,236 shares of the company's stock worth $419,000 after acquiring an additional 885 shares during the period. Finally, Van ECK Associates Corp raised its holdings in Sila Realty Trust by 10.2% in the 4th quarter. Van ECK Associates Corp now owns 10,873 shares of the company's stock valued at $264,000 after acquiring an additional 1,007 shares in the last quarter.

Sila Realty Trust Stock Down 0.2%

SILA stock traded down $0.06 during trading on Monday, hitting $25.59. 169,134 shares of the stock traded hands, compared to its average volume of 585,444. The firm's 50 day moving average is $25.87 and its two-hundred day moving average is $25.17. Sila Realty Trust, Inc. has a 1 year low of $20.20 and a 1 year high of $27.50. The stock has a market cap of $1.41 billion and a price-to-earnings ratio of 41.29. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.78 and a quick ratio of 0.78.

Sila Realty Trust Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 21st will be given a dividend of $0.40 per share. The ex-dividend date is Wednesday, May 21st. This represents a $1.60 annualized dividend and a dividend yield of 6.25%. Sila Realty Trust's dividend payout ratio (DPR) is presently 258.06%.

Analysts Set New Price Targets

Separately, Truist Financial increased their price objective on shares of Sila Realty Trust from $27.00 to $28.00 and gave the stock a "buy" rating in a research report on Monday, March 17th.

Sila Realty Trust Company Profile

Sila Realty Trust, Inc, headquartered in Tampa, Florida, is a net lease real estate investment trust with a strategic focus on investing in the large, growing, and resilient healthcare sector. The Company invests in high quality healthcare facilities along the continuum of care, which, we believe, generate predictable, durable, and growing income streams.